Benefits Of Raising The Minimum Wage Essay

1214 Words Nov 19th, 2014 null Page
Since 2009, the minimum wage has been sitting at a rate of $7.25 per hour. Though many congressional members who oppose the idea of raising the wage because of the economy being too weak, more than 21 states have already set a higher hourly minimum wage. And along with it, thousands of low-wage laborers have organized multiple protests and rallies chanting for higher pay; the pressure is piling up against Congress to change the federal minimum wage to a livable rate of at least $10.10 an hour. The political debate on whether or not to raise the rate has been jumping back and forth from Democrats to Republicans and from corporations to small business owners. Large business groups like the U.S. Chamber of Commerce, who promotes the welfare of its members and community, “strongly oppose an increase, saying it would force fast-food outlets, retailers and other employers to eliminate jobs for the poorest, lowest-skilled workers,” while people who are backing to raise the minimum wage say it “would cause minimal job loss while putting money into the hands of low-wage workers who would spend it, boosting the economy.” The factors on changing the minimum wage are depending on more than just making a rate everyone could live off of. Arguers from both sides question if raising the federal minimum wage would quickly or eventually lead to a massive loss of jobs, if it would pull people and their families out of poverty, or if it would give the economy a boost that it needs. Without…

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